Nigel Lawson Kwasi Kwarteng Ronald Reagan Britain UPS Citi Extreme Nigel Lawson Kwasi Kwarteng Ronald Reagan Britain

Liz Truss and Kwasi Kwarteng have made a declaration of class war

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She makes Margaret Thatcher look like a moderate and Ronald Reagan seem positively wet. Liz Truss has embarked on an ideological project so extreme that the de facto budget announced by her chancellor today amounts to a declaration of class war.

It was a reverse Robin Hood: taking from those who have least, lavishing gifts on those who have most. It is morally indefensible, economically reckless and so politically risky as to suggest a death wish.Trussonomics rests on a simple article of faith: that by rewarding the already wealthy, life will improve for everyone else.

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